Reconnect treas rate 50-50 loan-grant infrastructure invest and jobs act grant

The Department of Agriculture Rural Utilities Service awarded Ozark Telephone Company (doing business as Rally Networks) $13,363,104 on May 6, 2026, under the Rural eConnectivity Pilot Program (CFDA 10.752) to deploy broadband infrastructure in rural areas. The award is structured as a 50-50 loan-grant combination. Work will be performed in Seneca, Missouri, with ultimate completion by May 6, 2028. The ReConnect Program funds broadband deployment in rural areas lacking sufficient access, defined as service below 25 Mbps downstream and 3 Mbps upstream. Grant and loan-grant combination awards are scored competitively based on rurality, the number of farms, businesses, healthcare, educational, and critical community facilities served, service performance, state broadband activities, and presence of tribal lands. Funds are advanced only after all other sources of funding have been obtained and pre-award conditions are met, with disbursements made at the recipient's request according to award document procedures.